Hyperscale Data secured $30 million in financing through Bitcoin collateral on the Morpho Protocol, enabling the company to ramp up its Michigan data center development without selling digital assets. The loan carries a variable interest rate near 4.9%, reflecting decentralized borrowing trends.
By locking part of its Bitcoin treasury as collateral, Hyperscale Data accessed liquidity while keeping ownership of the pledged coins. This strategy bypasses traditional lenders and adds flexibility for covering working capital and corporate initiatives. The Michigan project, tied to a major cloud infrastructure deal, remains key in scaling their computing capacity to meet growing demand.
GPUS stock dipped 2.44% before the financing news but edged up slightly in pre-market trading, suggesting investors are weighing the long-term growth potential against short-term market moves.
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